(Reuters) -A consortium consisting of Warburg Pincus and KKR is in talks to acquire German packaging and medical equipment maker Gerresheimer AG (BS:GXId), Bloomberg News reported on Wednesday, citing people familiar with the matter.The private equity firms have emerged as the frontrunner after they teamed up and other potential bidders including Bain Capital dropped out, Bloomberg News said. Ge ...
Investing.com -- Omar Mejia, the deputy governor of Mexico’s central bank, addressed journalists on Wednesday, noting that the U.S. has been using tariffs as a negotiation tool. Mejia spoke after an event in Mexico City, and his comments were focused on the future of North American trade relations, specifically with regard to Mexico’s main trade partners, the U.S. and Canada.Mejia stated that ...
Investing.com -- Brevan Howard Asset Management, a macro hedge fund specialist, is reducing the risk limits for its traders in the wake of a performance slump that has eliminated the gains achieved last year. The firm’s CEO, Aron Landy, has implemented these defensive measures in response to rising volatility and market instability, according to a report from Bloomberg, citing sources who wish t ...
Wednesday saw shares of Rheinmetall (ETR:RHMG) AG leap following earnings results and comments from the company’s CEO regarding the potential conversion of Volkswagen (ETR:VOWG_p)’s Osnabrueck factory for military production. As Volkswagen explores options for the future of the site, Rheinmetall’s interest in repurposing or acquiring automotive plants under the right conditions has come to ...